When it comes to nonprofit organizations, two common types are private foundations and public charities. While both types serve charitable purposes and enjoy tax-exempt status under IRS rules, they differ significantly in structure, funding sources, and operational flexibility. Understanding theseREAD MORE
Author: Darren O'Loughlin
Forming a business partnership in California is an exciting step, but it also comes with risks if expectations and responsibilities aren’t clearly defined. A partnership agreement is a legally binding document that outlines the roles, responsibilities, and expectations of eachREAD MORE
Selling a business in California can be a rewarding, life-changing event, but it’s a complex process that comes with potential risks and challenges. From valuation to legal compliance, there are pitfalls that can complicate or derail the sale if notREAD MORE
A common question when setting up a living trust is whether it needs a Tax ID Number (TIN), also known as an Employer Identification Number (EIN). The answer depends on the type of living trust you have and whether it’sREAD MORE
Owning firearms in California comes with strict regulations and legal requirements. Whether you’re a collector, a sports shooter, or someone who values responsible firearm ownership, establishing a gun trust can provide several key benefits that help you stay compliant withREAD MORE
In San Diego, when initiating probate proceedings, it’s essential to adhere to specific local rules and requirements. One of the critical forms in this process is SDSC PR-198, titled “Attachment to Initial or Competing Petition for Probate”. This form becameREAD MORE
When someone passes away, their estate usually undergoes probate in the state where they were a resident. However, when the decedent owns property in multiple states, like real estate in California, an additional probate process called ancillary probate may beREAD MORE
Companies place immense trust in their officers—CEOs, CFOs, and other key executives—to uphold the company’s best interests. This trust isn’t just ethical; it’s a legal fiduciary duty. When an officer breaches that duty, the consequences can be severe, and theREAD MORE
In California, probate proceedings often involve complicated issues when it comes to real property left behind by a decedent. When multiple heirs inherit a single piece of property—such as a home or land—they automatically become tenants-in-common, each holding a fractionalREAD MORE
The loss of a loved one is an emotionally challenging time, and dealing with legal responsibilities can feel overwhelming. But, taking certain steps early can prevent complications later. Here’s a guide to the first legal steps to take after aREAD MORE